How To Fix 60241 - Asset is not real estate


60241 - Overview

  • Message type: E = Error

  • Message class: 60 - Real Estate

  • Message number: 241

  • Message text: Asset is not real estate

  • Show details Hide details
  • What causes this issue?

    You are trying to assign an asset to the property which is not defined
    as a real estate asset.

    System Response

    The allocation is rejected.

    How to fix this error?

    Assign a real estate asset to the property.

    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message 60241 - Asset is not real estate ?
    The SAP error message 60241, "Asset is not real estate," typically occurs in the context of asset accounting when a user attempts to perform an operation that is only applicable to real estate assets, but the asset in question is not classified as such.
    
    Cause: Asset Classification: The asset you are trying to work with is not classified as a real estate asset in the system. This could happen if the asset was created with a different asset class that does not include real estate functionalities. Transaction Type: The transaction you are trying to execute (e.g., transfer, sale, or depreciation) may only be valid for real estate assets.
    Configuration Issues: There may be configuration settings in the asset accounting module that are not set up correctly for real estate management.
    Solution: Check Asset Class: Verify the asset class of the asset in question. If it is not set to a real estate asset class, you may

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